Las Vegas Foreclosures

Las Vegas, NV, June 02, 2008 --(PR.com)-- Renaissance Realty opens REO divison with Listings from such banks as WellsFargo, IndyMac, and Countrywide. Renaissance Realty has dedicated buyers agents available at all times to parties looking to aquire discounted homes throughout Las Vegas and Henderson. The REO divison is being headed by the experience of Eric Humes, Broker-Salesman, who has over 4 years of experience in working with distressed properties.

Las Vegas is currently experiencing a whirlwind of transaction activity as home prices find stable ground and inventory levels are reduced. Competition between bank owned foreclosures and new home inventories continue in certain parts of Las Vegas. Short sales are stalling due to excessive processing time and the inability of sellers to negotiate with lenders.

Renaissance Realty is a full-service real estate brokerage with full-time residential sales and leasing departments. Renaissance Realty is a locally owned and operated business with locations at www.own-lv.com and 6855 W Charleston Ste. B, Las Vegas, NV 89117. Renaissance Realty can be reached at (702) 528-1500 or email at info@own-lv.com.

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